Verto Launches The Atlas Suite: Simplifying Cross-Border Payments for Africa and Beyond
Verto, a leading B2B global payments platform, has recently unveiled The Atlas Suite, a cutting-edge set of API-first embedded finance solutions aimed at streamlining cross-border payments. This innovative offering is designed to cater to the needs of financial institutions, online marketplaces, e-commerce platforms, and white label brokers, providing them with access to FX liquidity solutions, virtual accounts for businesses, and fully compliant international payments through a single multi-currency payment API.
The launch of The Atlas Suite comes as a welcome development in addressing the operational, regulatory, and cost challenges associated with cross-border payments in Africa and global money transfers. For decades, Africa has grappled with fragmented financial systems, limited banking access, volatile currencies, and high transaction costs. The Atlas Suite seeks to eliminate these barriers by offering instant access to virtual bank accounts for international trade, deep FX liquidity, and compliant infrastructure across 49 currencies.
Businesses can now leverage The Atlas Suite to expand their operations into and out of Africa, process international transactions, and unlock new opportunities in global trade finance and fintech expansion into the continent. With features such as local collection accounts across Africa, multiple sub-accounts with FX and treasury management tools, and seamless currency conversion capabilities, The Atlas Suite provides businesses with the tools they need to thrive in the global marketplace.
Atlas for Fintechs enables banks, fintechs, and other financial institutions to seamlessly integrate Verto’s banking, FX, and payments infrastructure directly into their platforms. This eliminates the need for costly internal solutions or multiple licenses, allowing businesses to provide local virtual accounts in 12+ markets, execute 24/7 foreign exchange across 49 currencies, and facilitate international B2B payments to over 100 countries—all under their own brand.
Atlas for Platforms is tailored for non-financial businesses, such as marketplaces and e-commerce providers, looking to enhance their offerings with embedded payments. By integrating digital platforms with embedded payments, companies can provide customers with seamless cross-border payment and banking services without the need for in-house development or regulatory expertise.
White label brokers can also benefit from The Atlas Suite, as it offers a fast and cost-effective way to deliver white label financial services under their own branding. With white label payment solutions, preferential FX rates, and new revenue streams, brokers can expand their service offerings without taking on compliance or operational risks.
Ola Oyetayo, CEO of Verto, expressed his enthusiasm for the launch of The Atlas Suite, stating, “We have seen firsthand how complex and costly it is for businesses to expand into new markets and move money, especially across Africa. Atlas is a game-changer, removing these barriers and giving our partners the freedom to grow.”
Already, companies like Triply, a Kenya-based travel-tech platform, are reaping the benefits of The Atlas Suite. By integrating Verto’s global payments platform, Triply can offer its customers faster, more reliable, and compliant financial services across multiple currencies and markets, enhancing the overall customer experience.
In conclusion, The Atlas Suite by Verto is poised to revolutionize cross-border payments for Africa and beyond, providing businesses with the tools they need to navigate the complexities of global finance seamlessly. With its advanced features and user-friendly interface, The Atlas Suite is set to empower businesses to expand their reach, optimize their operations, and drive growth in an increasingly interconnected world.
